Creative ITC, a leading UK managed services provider, has sold a significant minority stake to private equity firm LDC. This investment aims to support Creative ITC's growth strategy, enabling expansion into new markets and enhancing product capabilities.

Based in London, Creative ITC specializes in high-power cloud computing solutions for the global architecture, engineering, and construction (AEC) sector. Their offerings include desktop-as-a-service (DaaS) and advanced data storage and backup/recovery products.

CEO Keith Ali expressed gratitude to Oaklins Cavendish for their support in navigating the transaction. He highlighted the team's expertise and hard work in achieving a favorable outcome, setting the stage for a promising future.

Oaklins Cavendish played a crucial role in the deal, advising Creative ITC on the sale. They ensured the right investors were approached and effectively positioned Creative ITC's comprehensive service offerings, recurring revenue, and growth trajectory to drive value.

For more details on the transaction, market trends, and M&A valuation aspects, visit the Oaklins newsroom.